14 Mar 2023

North American Aviation Newsletter

ACIA Aero Leasing Enters Canadian Market

ACIA Aero Leasing announced at ISTAT Americas conference that the lessor has leased its first aircraft to a Canada-based airline customer. Bradley Air Services Limited, commercially known as Canadian North, took delivery of one ATR 72-500 Bulk Freighter from the lessor in January 2023.

Aeronautical Engineers Inc (AEI) receives ETOPS 120 approval for the B737-400/-300SF

Aeronautical Engineers Inc (AEI) announced that it has received ETOPS 120 approval from the Federal Aviation Administration (FAA) for its B737-400/-300SF freighter conversion. This approval validates the AEI Freighter Conversion STC on 120 minutes ETOPS approved 737-400 and 737-300 aircraft over water and remote regions.

Air Lease Corporation Announces Lease Placement of Three New Airbus A350-900 Aircraft with Air France

Air Lease Corporation announced long-term lease placements for three new Airbus A350-900 widebody aircraft with Air France. The aircraft are scheduled to deliver to Air France in the second quarter of 2024 from ALC’s order book with Airbus. Air Lease Corporation Chairman Steven Udvar-Házy said “The Air France-KLM Group is our largest European airline leasing customer, encompassing not only Air France and KLM, but also includes Transavia Netherlands and Transavia France.”

Aviation Capital Group Delivers Airbus A320neo to SAS

Aviation Capital Group announced the delivery of one new Airbus A320neo aircraft on long-term lease to SAS Airlines powered by LEAP-1A engines. The aircraft is first of ten scheduled to deliver to the airline as part of a multiple-aircraft sale-leaseback transaction between ACG and SAS.

Embraer closes $200 million credit facility in the US

Embraer announced it closed a $200 million credit facility to finance purchases from direct suppliers in the United States. This financing is being provided by Citibank and guaranteed by the Export-Import Bank of the United States (EXIM). This credit facility with EXIM and Citibank will support Embraer’s efforts to diversify its credit operations in the aviation market worldwide, providing the company with additional financing options and improving its loan profile.

GA Telesis Component Repair Group Announces Record Landing Gear Output

GA Telesis announced its MRO Services Component Repair Group exceeded 100 landing gear legs overhauled and shipped to customers worldwide in 2022. After receiving FAA certification, this product line was added in the middle of 2019. The Company worked closely with the regulators during the certification process to ensure that the highest industry standards were met and exceeded.

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